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MondayJun 14, 2010 3:25 pm

Lorus Therapeutics Inc. (LRUSF.OB) Favorable Clinical Trial Results Presented at 15th Annual Congress of the European Hematology Association

Lorus Therapeutics Inc. is a biopharmaceutical company focused on the research and development of pharmaceutical products and technologies for the management of cancer. The company today announced the presentation of its phase II clinical trial data for LOR-2040 in combination with high dose cytarabine for the treatment of Acute Myeloid Leukemia (AML). The data was given at the 15th Annual Congress of the European Hematology Association (EHA) in Barcelona, Spain in a presentation entitled "A Phase II Study of GTI-2040, an Antisense to Ribonucleotide Reductase (RNR), in Combination with High-Dose Cytarabine (HiDAC) in Relapsed and Refractory Acute Myeloid Leukemia (AML)."…

MondayJun 14, 2010 2:16 pm

Stock Guru Featured Company: Affinity Mediaworks Corp. (AFFW.OB)

Affinity Mediaworks is a determined New York-based media content developer currently focused on fleshing out a diverse portfolio of TV series and distinct film offerings via finance, sales and distribution. With its sights set on becoming an industry leader in entertainment media and leisure, Affinity is taking on broader development, marketing and acquisition activities according to a heavily refined management strategy. Recognizing that the global market affords many potential high value business relationships, the Company is aggressively pursuing international co-production capabilities in emerging markets like the PRC, India and Pacific Rim countries (as well as Europe and other well known…

MondayJun 14, 2010 2:09 pm

Small Cap Voice Featured Company: Extensions, Inc. (EXTI.PK)

Extensions, Inc. sits at the crossroads between social networks/media and search engine technology as a vertical integrator leveraging key concepts in search engine optimization (SEO) and user generated content (UGC). The company's strength lies in its proprietary toolset for client and portfolio companies, which understand how vital exploiting social media channels is to capturing the massive volume they can access. With social networks and UGC becoming the dominant force of the internet (UGC even beat out emails last year), EXTI is ideally-positioned to capitalize on a rapidly growing demand for adroit providers of solutions in this hastily converging dual market…

MondayJun 14, 2010 2:03 pm

AGR Tools, Inc. (AGRT.OB) Awarded $230,000 Contract

AGR Inc., a global leader in the contract manufacturing & distribution of diamond tools and adhesives, announced today that subsidiary AGR Stone and Tools USA, Inc. (AGR USA) has won its first open bid contract since the acquisition of the company was completed at the end of May. Rock Rutherford, President and CEO of both AGR and AGR USA, commented, “We are extremely pleased that our name recognition and quality have started to receive the attention of cost bidders," Mr. Rutherford continued, "This initial customer order consists of $230,000 of asphalt blades which are to be delivered over the next…

MondayJun 14, 2010 1:58 pm

MultiCell Technologies Inc. (MCET.OB) Hires Clinical Development and Support Services to Manage MS Fatigue Drug Candidate Study

Though primary multiple sclerosis-related fatigue (PMSF) affects more than 70 percent of multiple sclerosis (MS) patients, there are limited pharmacological treatment options, and as of yet, no drug has been specifically approved by the U.S. Food and Drug Administration for the treatment of PMSF. Biopharmaceutical company MultiCell Technologies Inc. (MCET.OB) today announced it will retain Clinical Development & Support Services Ltd. (CDSS) of Cheshire, England to manage its planned phase IIb clinical trial in the UK for MCT-125, MultiCell's lead drug candidate for treatment of PMSF. MCT-125 is a fixed dose, orally administered combination thought to lead decrease fatigue levels…

MondayJun 14, 2010 12:56 pm

WorldGate (WGAT.OB) Receives a Second Purchase Order for its New Vidphones from ACN for 26k Units

WorldGate, www.wgate.com – the digital voice, service and video phone industry leader with an edge in next-gen vidphones, announced a second purchase order (26,000 units of the new digital vidphone) from the world’s largest direct telecom services seller, ACN, Inc., today. With a 300k minimum purchase agreement for vidphones on an OEM basis over two years, ACN has a global distribution network spanning North America, Europe, Australia and New Zealand which is eager to get their hands on the devices. Completion of the original May 6th order, of 15k units, prompted this additional order, which is scheduled to ship as…

MondayJun 14, 2010 12:53 pm

The Monkey Rock Group, Inc. (MKRO.OB) Goes Public, Indicates Plans to Expand Operations

The Monkey Rock Group, Inc., www.monkeyrockusa.com – went public today, Monday, June 14, 2010. Founder, Chairman and CEO of MKRO, John Dent, called this achievement a move which has been the goal of this dynamic company since its inception, and satisfies the commitment to shareholders to begin trading in the public markets. The Monkey Rock Group cut its teeth in Sturgis, SD at the home of the Sturgis Motorcycle Rally, the biggest and baddest motorcycle rally on the planet – putting together one of the hottest venues at Sturgis 2009 (generating $387k in revenue) and planning an even better party…

MondayJun 14, 2010 12:31 pm

NTT Data and Intelligroup Inc. (ITIG.OB) Enter Into Merger Agreement

Intelligroup Inc. is an enterprise applications system integrator providing consulting, implementation, testing, management and other IT services primarily related to SAP, Oracle and Microsoft applications for global corporations. The company announced today that it has entered into a definite merger agreement with NTT Data, a subsidiary of Japanese telecoms company Nippon Telegraph & Telephone (NYSE: NTT). NTT Data intends to acquire Intelligroup through an $199 million all-cash tender offer. The offer to buy the outstanding shares of Intelligroup is for $4.65 per share, which represents a 21.1% premium to the company's average closing price over the last three-month period ended…

MondayJun 14, 2010 12:31 pm

National Technical Systems, Inc. (NTSC) Reports Strong Improvement in First Quarter Sales and Net Income

National Technical Systems, Inc. reported net income of $3.5 million, or $0.35 per diluted share, in the first quarter of fiscal 2011, which ended 4/30/2010. This was a strong improvement over the net income of $0.54 million, or $0.06 per diluted share, that the company earned in the corresponding quarter last year. National Technical Systems, Inc. said that the net income for the first quarter of fiscal 2011 contained a net gain of $1.8 million from the sale of property that the company owned in Virginia. The company earned $1.7 million, or $0.17 per diluted share, excluding this onetime gain.…

MondayJun 14, 2010 12:21 pm

Geokinetics Inc. (GOK) Wins $80 Million in New Contracts, Sees Possibility of More to Come

As can be readily seen with the ongoing BP capping process, there are several aspects of the oil and gas exploration marketplace that are fairly specific. There are just a few companies working in these specialty fields and even fewer that have the reputation required to win a sizable portion of outstanding contracts. For the investor that can find one of these specialty companies, there is profit to be made. Each of the companies is subject to the same whims of the marketplace that any company must deal with, but since competition is somewhat less, profit will flow. Geokinetics Inc.,…

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